MLB Projects $640K Per Game Loss With No Fans

UNDATED (AP) – Major League Baseball owners have made their pitch as they try to convince players to accept less pay due to the coronavirus pandemic. MLB has told players their prorated salaries would contribute to an average loss of $640,000 for each game over an 82-game season in empty ballparks. That’s according to a presentation from the commissioner’s office to the union that was obtained by The Associated Press. The 12-page document was dated May 12 and paints a grim picture of a $10 billion industry shuttered by the pandemic. It was an initial step in negotiations aimed at starting the delayed season around the Fourth of July. Some players have publicly balked at the notion of less pay, and the union has called for more transparency in baseball’s financial records. Teams say the proposed method of salvaging a season delayed by the coronavirus pandemic would still cause a $4 billion loss and would give major league players 89% of revenue. The Yankees would have the highest loss at $312 million.